FirstEnergy Corporation (FE · NYSE)
FE · MARKET VIEW
Market view · as of Sep 7, 2026
Revenue (TTM)
$15.64B
+8.8% YoY
Gross margin
68.6%
EPS (latest q)
$0.50
vs $0.49 est · beat
52-wk position
56.6%
-8.1% vs 52w high · -1.5% 1mo
Price (last ~year)
FirstEnergy Corporation is expanding its generation development leadership to address rising electricity demand while its subsidiary, Potomac Edison, has proposed a $52.8 million rate adjustment in Maryland that would increase average residential bills by 5.3%. The utility, valued at a $27.06 billion market cap, posted $3.68 billion in revenue for the quarter ending June 30, 2026. As of that period, the company maintained $28.98 billion in total debt, resulting in a debt-to-EBITDA ratio of 5.3x.
Valuation
- Market cap
- $27.06B
- P/E
- 25.01
- PEG
- 1.563
- P/B
- 2.104
- P/S
- 1.731
- EV/EBITDA
- 12.68
- Beta
- 0.441
- Analyst target
- $53.17
Quality & returns
- Gross margin
- 68.6%
- Operating margin
- 19.3%
- Profit margin
- 6.9%
- ROE
- 9.5%
- ROA
- 3.7%
Price movement
- Last
- $46.77
- 1-month
- -1.5%
- 3-month
- +1.7%
- RSI (14)
- 43
- vs SMA200
- +0.1%
- 52-wk position
- 56.6% -8.1% vs high
Quarterly trajectory
Revenue by quarter (oldest → newest)
| Quarter | Revenue | Op income | Net income | EBITDA |
|---|---|---|---|---|
| 2026-06-30 | $3.68B | $677.0M | $289.0M | $1.27B |
| 2026-03-31 | $4.20B | $828.0M | $405.0M | $1.30B |
| 2025-12-31 | $3.80B | $603.0M | $-49.0M | $820.0M |
| 2025-09-30 | $4.15B | $830.0M | $441.0M | $1.29B |
Recent news
- Neutral Maryland bills could rise 5.3% under a Potomac Edison plan. Rates would still be lowest among investor-owned utilities. · 2026-09-05
- Somewhat-Bullish Potomac Edison Proposes Rate Adjustment to Support Electric System Reliability – Company Announcement · 2026-09-04
- Neutral Jon Dormo Joins FirstEnergy to Advance New Power Generation Development · 2026-09-04
- Somewhat-Bullish FirstEnergy Names Jon Dormo Vice President of Generation Project Development · 2026-09-04
- Bullish FirstEnergy Foundation Grants Expected to Help Provide 3.6 Million Meals Across Pennsylvania · 2026-09-04
- Bullish Jon Dormo Joins FirstEnergy to Advance New Power Generation Development · 2026-09-04
Sources this view read
- fundamentals Company overview & valuation (Alpha Vantage OVERVIEW)
- filing Quarterly financial statements (Alpha Vantage INCOME/BALANCE/CASH)
- earnings Reported earnings history (Alpha Vantage EARNINGS)
- prices Adjusted daily prices (Alpha Vantage TIME_SERIES_DAILY_ADJUSTED)